Marelli Holdings Co, a Japan-based multinational automotive parts manufacturer, will deepen its strategic presence in China in areas such as smart lighting, electronics, thermal management, and intelligent cockpit technologies to better serve Chinese automakers and support their overseas expansion, according to a senior executive. Shen Kelei, the group’s executive vice-president and president of Marelli China,…
This photo taken on June 6, 2024 shows an exterior view of the European Parliament in Brussels, Belgium. [Photo/Xinhua] The European Union could face an estimated €367.8 billion ($434 billion) loss over the next five years should Brussels exclude Chinese suppliers under a proposed revision of its Cybersecurity Act, according to a joint report by…
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The first four months of 2026 show how unbalanced the relationship has become. China’s exports to the EU reached US$201bn, while its imports from the EU were only US$88bn. The result was a US$113bn surplus in just four months. This is not simply a story of rising trade. The imbalance widened fast. Compared with Jan-Apr…
AI, quantum technology, and robotics took center stage at the 28th China Beijing International High-tech Expo, which opened on Friday and runs through May 10 at the China National Convention Center in Beijing. A range of cutting-edge technologies and innovations filling domestic gaps are on display, spanning sectors including embodied intelligence, commercial aerospace, advanced medical…
Lujiazui, Shanghai’s financial center, forms a perfect backdrop to Shanghai’s Bund. [Wang Gang/For China Daily] Having long been shaped by internationalization, Shanghai has continued to refine its business environment over the years and is resolute in providing a fair, stable, transparent and predictable environment for businesses regardless of their size and nationality, according to official…
A visitor takes a bottle of Coca-Cola from a robotic arm during a high-tech expo in Shanghai on March 28. CHINA DAILY The Coca-Cola Company reported first-quarter results that exceeded market expectations, with revenue and profit rising on steady global demand and stronger momentum in emerging markets, including China. Net revenue climbed 12 percent to…
China has taken a key step toward shaping the global future of telecommunications, as the Ministry of Industry and Information Technology officially approved the use of test frequencies for sixth-generation (6G) mobile communication systems. The MIIT said on Friday that it has issued a trial frequency usage permit for the 6GHz band to the IMT-2030…
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Passengers get off a C919 aircraft at Harbin Airport, Heilongjiang province. LIU YANG/FOR CHINA DAILY China’s domestically developed narrowbody C919 jet has entered a new phase of scaled commercial operations, analysts said, after the aircraft more than doubled its monthly flight volume and achieved utilization rates approaching those of Western rivals nine years after its…